Liquidity and Financial Leverage Ratios-Refer to the Salza Technology Corporation in Problem 1. A. Using average balance sheet account data, calculate the (a) current ratio, (b) quick ratio, (c)...

Liquidity and Financial Leverage Ratios-Refer to the Salza Technology Corporation in Problem 1.

A. Using average balance sheet account data, calculate the (a) current ratio, (b) quick ratio, (c) total-debt-to-total-assets ratio, and (d) the interest coverage ratio for 2010.

B. Repeat the ratio calculations requested in Part A separately for 2009 and 2010 using year-end balance sheet account data. What changes, if any, have occurred in terms of liquidity and financial leverage?